So this means we instantly lose 2% of our investment?
No, this means the fund instantly loses 0.2% -- not 2% -- from capital received. The exchange does not conduct transactions for free; that means it is not possible to issue shares and receive exactly the same amount as participants pay for them.
As indicated in the fund's listing documents, potential participants should ensure that they are familiar with the rules of the exchange; this includes being aware that the exchange levies charges on transactions.
Note that we are talking about a sum total of 3.6 BTC out of 1800 BTC (1800 times 0.002 = 3.6).
The value of each share is determined by the value of the fund...
Also are you paying yourself a wage from the fund? Meaning that if the fund maintains its base value we will lose value due to your wages...
Please see the listing documents for full details. Please do not participate in the fund without reading the listing documents.
For more discussion on the basics of the fund, you're very welcome to stop by the main discussion thread for the fund (linked from the OP); this thread is intended to be about the mechanics of the initial offering.